For a few years after the Global Compact’s launch in 2000, the Middle East and North Africa (MENA) remained uncharted territory for the initiative. This changed in 2003, when the first efforts were undertaken to promote the Global Compact in Egypt. A high-level launch took place in Cairo in February 2004, resulting in the participation of more than 50 companies, including many of Egypt’s leading corporations. more[...]
For a few years after the Global Compact’s launch in 2000, the Middle East and North Africa (MENA) remained uncharted territory for the initiative. This changed in 2003, when the first efforts were undertaken to promote the Global Compact in Egypt. A high-level launch took place in Cairo in February 2004, resulting in the participation of more than 50 companies, including many of Egypt’s leading corporations. more[...]
Multinational companies face huge challenges in countries they operate in, from human rights to the growing need for transparency and responsibility, from respect for the environment to the fight against poverty and the promotion of fair labor practices. Oil and gas companies operate in some of the most challenging places on earth, where they can have an important impact on local communities and on the environment due to the nature of their operations. Furthermore, they manage energy resources that are deeply connected to the economy of a country, and they cope with a public sector that often looks for the support from the private sector to guarantee an improvement of development standards. more[...]
In the year 2000 the United Nations introduced the Millennium Development Goals. Main targets are the reduction of extreme poverty and a global partnership for development. At the UN Millennium Summit in New York stakeholders from the international politics, civil society and global NGOs promised to achieve all these targets till 2015. The eight goals are: Eradicate extreme poverty & hunger, achieve universal primary education, promote gender equality and empower women, reduce child mortality, improve maternal health, combat HIV/Aids, Malaria and other diseases, ensure environmental sustainability and develop a global partnership for development. more[...]
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